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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 250,671 $ 231,029
Interest bearing deposits 73,785 41,167
Total cash and cash equivalents 324,456 272,196
Securities—trading 25,672 25,896
Securities—available-for-sale, amortized cost $1,508,810 and $1,648,421, respectively 1,539,908 1,636,223
Securities—held-to-maturity, fair value $233,721 and $232,537, respectively 230,056 234,220
Total securities 1,795,636 1,896,339
Federal Home Loan Bank (FHLB) stock 25,623 31,955
Loans held for sale (includes $225.6 million and $164.8 million, at fair value, respectively) 244,889 171,031
Loans receivable 8,835,368 8,684,595
Allowance for loan losses 97,801 96,485
Loans and Leases Receivable, Net Amount 8,737,567 8,588,110
Accrued interest receivable 40,033 38,593
Real estate owned (REO), held for sale, net 228 2,611
Property and equipment, net 171,279 171,809
Goodwill 339,154 339,154
Other intangibles, net 26,610 32,924
Bank-owned life insurance (BOLI) 179,076 177,467
Deferred tax assets, net 58,884 75,020
Other assets 154,407 74,108
Total assets 12,097,842 11,871,317
Deposits:    
Non-interest-bearing 3,885,210 3,657,817
Interest-bearing transaction and savings accounts 4,624,970 4,498,966
Interest-bearing certificates [1] 1,218,591 1,320,265
Total deposits 9,728,771 9,477,048
Advances from FHLB 382,000 540,189
Other borrowings 120,014 118,995
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 113,417 114,091
Accrued expenses and other liabilities 181,351 102,061
Deferred compensation 41,354 40,338
Total liabilities 10,566,907 10,392,722
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at September 30, 2019 and December 31, 2018 0 0
Retained earnings 203,704 134,055
Carrying value of shares held in trust for stock-based compensation plans (7,387) (7,289)
Liability for common stock issued to stock related compensation plans 7,387 7,289
Accumulated other comprehensive income 40,520 7,104
Total shareholders' equity 1,530,935 1,478,595
Total liabilities and shareholders' equity 12,097,842 11,871,317
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,286,022 1,336,030
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 689 $ 1,406
[1]
Certificates of deposit include $312,000 and $563,000 of acquisition premiums at September 30, 2019 and December 31, 2018, respectively.